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T-Mobile US, Inc. - TMUS STOCK NEWS

Welcome to our dedicated page for T-Mobile US news (Ticker: TMUS), a resource for investors and traders seeking the latest updates and insights on T-Mobile US stock.

T-Mobile US, Inc. (symbol: TMUS) is a leading American wireless network operator headquartered in Overland Park, Kansas, and Bellevue, Washington. The company is majority-owned by Deutsche Telekom AG, holding a 53.3% stake as of April 2023. T-Mobile has grown significantly through strategic mergers, including with MetroPCS in 2013 and Sprint in 2020, establishing itself as the second-largest wireless carrier in the U.S.

With a customer base of 77 million postpaid and 21 million prepaid phone users, T-Mobile commands around 30% of the U.S. retail wireless market. The company has also made significant inroads into the fixed-wireless broadband market, aggressively expanding since 2021 and now serving over 5 million residential and business customers.

In addition to its core wireless services, T-Mobile provides wholesale services to resellers, further diversifying its revenue streams. The company is known for its customer-centric approach, constantly innovating to deliver enhanced services and coverage. This focus on customer satisfaction has earned T-Mobile a robust market position and loyal customer base.

Recent achievements include the nationwide rollout of 5G services, partnerships to expand network capabilities, and initiatives to improve customer service and experience. Financially, T-Mobile continues to perform well, showing resilience and growth even in competitive and challenging market conditions. Through its strategic mergers and innovative services, T-Mobile remains a significant player in the telecommunications industry.

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T-Mobile (NASDAQ: TMUS) is set to unveil its latest Un-carrier initiative on April 20, 2023, at 9 AM PT (12 PM ET). The announcement will be made by T-Mobile's CEO, Mike Sievert, and the President of Marketing, Innovation, and Experiences, Mike Katz. The event will be accessible online, and more details can be found at t-mobile.com/uncarrier. T-Mobile continues to strengthen its position in the telecommunications sector with its focus on delivering superior service and value to customers through its innovative offerings and robust 4G LTE and 5G networks.

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T-Mobile has been selected by Clevon as the preferred provider for IoT connectivity in the U.S. This partnership aims to enhance autonomous delivery services through Clevon's Autonomous Robot Carriers (ARCs). With T-Mobile's IoT solutions, Clevon seeks to shorten the launch time for commercial delivery services from months to just days, improving accuracy for customer pickups and drop-offs. The all-electric CLEVON 1 can deliver to multiple destinations in one trip, promising efficient and environmentally sustainable delivery solutions. Clevon's commitment to autonomous deliveries, already proven in Europe, is set to expand in the U.S. market, taking advantage of an expected growth in last-mile delivery to $57 billion in the next six years. This collaboration emphasizes a shared goal of enhancing operational efficiency and safety in the delivery sector.

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T-Mobile (TMUS) has once again been recognized as the leading mobile network in the U.S. according to Ookla®'s latest report. The Un-carrier achieved top rankings for fastest speeds, lowest latency, most consistent service, and best video streaming quality. T-Mobile's median download speeds were reported at 165.22 Mbps, more than double that of competitors Verizon and AT&T. Additionally, T-Mobile’s 5G network boasts an average download speed of 220.70 Mbps, and it maintains the highest 5G availability at 71.1%. The company's network covers 325 million people across 1.9 million square miles. T-Mobile aims to expand its Ultra Capacity 5G coverage to 300 million people this year.

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T-Mobile US (TMUS) has scheduled a conference call to discuss its first quarter 2023 financial and operational results on April 27, 2023, at 4:30 p.m. EDT. The earnings release, along with the Investor Factbook and other relevant materials, will be made available at approximately 4:05 p.m. EDT on the same day via the TMUS Investor Relations website. Interested parties can access the call via phone or webcast. The call will allow for questions, which can be submitted via Twitter using $TMUS. A replay of the webcast will also be accessible after the call. As a leader in wireless services, T-Mobile continues to emphasize its commitment to providing advanced network connectivity and customer service excellence.

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T-Mobile celebrates a decade of its Un-carrier approach while reflecting on three transformative years since merging with Sprint. The merger catapulted T-Mobile to cover 98% of Americans with its leading 5G network, significantly enhancing competition in the wireless sector. Customers benefit from improved service, lower prices, and additional perks like streaming services at no extra charge. T-Mobile's commitment to customer satisfaction is evident in its strategic moves, including the elimination of data limits and the introduction of Price Lock. This focus has resulted in a transformative impact on the industry, leading to significant competition and consumer benefits, with users paying approximately four times less per gigabit compared to pre-merger rates. The company remains dedicated to connectivity and community initiatives, aiming to bridge the digital divide.

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T-Mobile is advocating for the renewal of the FCC's spectrum auction authority, which lapsed in March 2023, hindering the auctioning of licenses crucial for expanding its 5G network. With a recent investment of over $300 million in Auction 108, T-Mobile aims to deploy mid-band spectrum to enhance service across all 50 states and Puerto Rico. Currently, licenses are in regulatory limbo, but T-Mobile believes the FCC can still issue them. The company argues that granting Special Temporary Authority (STA) could allow immediate activation of additional spectrum, benefitting nearly 50 million Americans with improved speeds and broader access to home internet services. T-Mobile is committed to working with Congress to secure a reliable spectrum pipeline and continue leading in wireless competition.

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T-Mobile has secured a six-year partnership as the Official Wireless Partner of Major League Baseball (MLB), Minor League Baseball (MiLB), and Little League Baseball and Softball, extending through 2028. This deal includes innovation for fans through T-Mobile's 5G network, featuring:

  • Testing of the automated ball-strike system at MiLB games.
  • Continuation of the T-Mobile Home Run Derby sponsorship during MLB All-Star Week.
  • Collaboration with MLB Network for the T-Mobile 5G BP show.
  • Free MLB.TV subscriptions for T-Mobile customers.
  • Presenting sponsorship of the Little League Baseball World Series.

This partnership aims to enhance the baseball fan experience, highlighting T-Mobile's commitment to 5G technology.

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T-Mobile has launched its first-ever Magenta Giving Month in April 2023, aiming to unify its 70,000 employees in philanthropic efforts. Each employee receives $23 to donate to eligible nonprofits and can have their volunteer hours matched with $20, up to a total of $1 million. The initiative emphasizes the company's commitment to community support, encouraging team members to engage in fundraisers and team service days. This month-long campaign is a response to the need for connection post-pandemic and is designed to enhance employee participation in giving back to their communities.

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FAQ

What is the current stock price of T-Mobile US (TMUS)?

The current stock price of T-Mobile US (TMUS) is $244.92 as of November 26, 2024.

What is the market cap of T-Mobile US (TMUS)?

The market cap of T-Mobile US (TMUS) is approximately 282.6B.

What is T-Mobile US, Inc.?

T-Mobile US, Inc. is a major American wireless network operator, headquartered in Kansas and Washington, majority-owned by Deutsche Telekom AG.

Who owns T-Mobile US, Inc.?

The largest shareholder of T-Mobile US, Inc. is Deutsche Telekom AG, holding a 53.3% stake as of April 2023.

How many customers does T-Mobile serve?

T-Mobile serves 77 million postpaid and 21 million prepaid phone customers.

What significant mergers has T-Mobile undergone?

T-Mobile merged with MetroPCS in 2013 and Sprint in 2020.

What market share does T-Mobile hold in the U.S.?

T-Mobile holds approximately 30% of the U.S. retail wireless market.

What additional services does T-Mobile offer?

T-Mobile offers fixed-wireless broadband services to over 5 million residential and business customers and provides wholesale services to resellers.

When did T-Mobile enter the fixed-wireless broadband market?

T-Mobile entered the fixed-wireless broadband market aggressively in 2021.

What are some recent achievements of T-Mobile?

Recent achievements include the nationwide rollout of 5G services and partnerships to enhance network capabilities.

How does T-Mobile ensure customer satisfaction?

T-Mobile focuses on customer-centric innovations and excellent customer service to ensure satisfaction.

Where can I find the latest news about T-Mobile?

You can find the latest updates, news, and information about T-Mobile on their official website and major financial news outlets.

T-Mobile US, Inc.

Nasdaq:TMUS

TMUS Rankings

TMUS Stock Data

282.56B
474.00M
59.15%
39.25%
1.19%
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